On May 6-8, 2019, in the "2018 China Securitization Forum Annual Award" selection activities, sponsored by the one of China's most influential industry group in current asset securitization China Securitization Forum(CSF), "JD Finance-Huatai Asset Management 2018 7th-14th Supply Chain Factoring Contract Creditor's Rights Special Asset-backed Plans " (hereinafter referred to as "the project") undertook by Llinks, is awarded the top ten deals of the year.
The project received a no-objection letter from the Shanghai Stock Exchange with a total amount of less than 4 billion yuan in December 2018, and issued three special asset-backed plans successively. Asset-backed securities are divided into priority and secondary ones, among which the priority gets AAA rating. The basic assets of this project are the contract creditor's rights of Shanghai Bonghui Commercial Factoring Co., LTD based on the factoring financing services provided to the suppliers of shopping mall on JD online in its daily business activities, and based on the factoring financing business documents.
Llinks has rich business experience in the field of asset securitization, and continuously provides professional legal services for designing, listing and issuing of all kinds of asset securitization projects, its asset securitization business areas covers all securitization subdivision varieties of National Association of Financial Market Institutional Investors and exchange market, including but not limited to, accounts receivable, lease of creditor's rights, the right to charge public utilities, housing balance payment, property management fees, the beneficial right of the trust, right of return on bills, credit assets, CMBS, REITs etc. With professional and efficient services, Llinks has been highly recognized by cooperative partners and other intermediary teams.
